Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Ghana - 2022
Contents:
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Ghana (CIF) - 2022
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Ghana (FOB) - 2022
- Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Ghana
- Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Ghana
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Ghana (CIF) - 2022
The average import price for refined cane or beet sugar (with added flavoring or coloring matter) stood at $526 per ton in 2022, standing approx. at the previous year. Over the period under review, the import price recorded a mild shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 67% against the previous year. The import price peaked at $648 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($948 per ton), while the price for Brazil ($403 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.1%), while the prices for the other major suppliers experienced a decline.
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Ghana (FOB) - 2022
The average export price for refined cane or beet sugar (with added flavoring or coloring matter) stood at $1,683 per ton in 2022, increasing by 7.3% against the previous year. In general, the export price, however, recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2018 when the average export price increased by 46% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,228 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Niger ($1,933 per ton), while the average price for exports to Togo amounted to $475 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+260.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Ghana
In 2022, the amount of refined cane or beet sugar (with added flavoring or coloring matter) imported into Ghana soared to 169 tons, picking up by 98% compared with 2021 figures. Over the period under review, imports, however, saw a pronounced contraction.
In value terms, imports of refined cane or beet sugar (with added flavoring or coloring matter) soared to $89K in 2022. Overall, imports, however, recorded a drastic downturn.
| Import of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.8 | 4.7 | 17.5 | 50.9 | 162.9% |
| Brazil | 43.1 | 92.0 | 19.6 | 26.7 | -14.8% |
| France | 9.2 | 10.9 | 2.5 | 3.8 | -25.5% |
| Algeria | 4.5 | 9.2 | 1.9 | 2.5 | -17.8% |
| Thailand | 1.8 | 4.4 | 1.1 | 1.6 | -3.9% |
| Nicaragua | 1.8 | 3.3 | 0.6 | 0.7 | -27.0% |
| Guatemala | 53.5 | N/A | N/A | N/A | 0% |
| Others | 4.1 | 8.5 | 1.9 | 2.6 | -14.1% |
| Total | 121 | 133 | 45.0 | 89.0 | -9.7% |
Top Suppliers of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) to Ghana in 2022:
- India (90.2 tons)
- Brazil (66.2 tons)
- France (4.0 tons)
- Algeria (2.7 tons)
- Thailand (2.1 tons)
- Nicaragua (1.8 tons)
Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Ghana
Exports of refined cane or beet sugar (with added flavoring or coloring matter) from Ghana dropped markedly to 700 kg in 2022, falling by -34.5% against 2021 figures. Over the period under review, exports saw a perceptible curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 224% against the previous year. As a result, the exports reached the peak of 1.1 tons, and then contracted notably in the following year.
In value terms, exports of refined cane or beet sugar (with added flavoring or coloring matter) shrank remarkably to $1.2K in 2022. Overall, exports recorded a slight decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 146% against the previous year. As a result, the exports reached the peak of $1.7K, and then dropped significantly in the following year.
| Export of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Niger | 813 | 532 | 1,337 | 1,121 | 11.3% |
| Togo | 435 | 150 | 197 | 56.0 | -49.5% |
| Canada | N/A | N/A | 141 | N/A | 0% |
| Others | N/A | N/A | N/A | 1.0 | 0% |
| Total | 1,248 | 682 | 1,675 | 1,178 | -1.9% |
Top Export Markets for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) from Ghana in 2022:
- Niger (580.0 kg)
- Togo (118.0 kg)
261
This report provides an in-depth analysis of the sugar market in Ghana.
637
Global Flavoured Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global market for flavoured refined cane sugar.
203
This report provides an in-depth analysis of the global sugar market.
822
Global Raw Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global raw cane sugar market.
630
Global Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global refined cane sugar market.
664
Global Refined White Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global market for refined white cane sugar.
261
This report provides an in-depth analysis of the sugar market in Ghana.
637
Global Flavoured Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global market for flavoured refined cane sugar.
203
This report provides an in-depth analysis of the global sugar market.
822
Global Raw Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global raw cane sugar market.
94
Discover the top import markets for sugar worldwide and the key statistics behind these markets. Learn about the leading countries importing sugar and their import values. Stay informed about the global sugar trade trends.
1401
In value terms, cane and beet sugar and sucrose imports totaled $X in 2016. Overall, it indicated a perceptible growth from 2007 to 2016: the total imports value increased at an average annual rate ...
1760
In value terms, cane and beet sugar and sucrose exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
406
Discover the top import markets for sugar, including China, the United States, Indonesia, Bangladesh, and South Korea, and their importance in meeting global sugar demand. Gain valuable insights from the IndexBox market report on the sugar industry.
1548
This year, world sugar production is expected to rise by 3% to 193M tons. The growth will be encouraged by favorable weather conditions in most of the largest producing countries, as well as the providing exemptions on the neonicotinoid usage against plant diseases and blights in France, Germany and the UK. The drop in sugar production and shipments from Brazil will be offset by large volumes coming from Thailand, which will boost global exports by +2.6% y-o-y. The increased supply in the world market is to keep sugar prices relatively stable over the next two years.
1163
The global sugar market rose to $105.3B in 2019, surging by 1.9% against the previous year. This figure reflects the...
1000
The global sugar market revenue amounted to $99.9B in 2017, increasing by 13% against the previous year. This figure refle...
94
Discover the top import markets for sugar worldwide and the key statistics behind these markets. Learn about the leading countries importing sugar and their import values. Stay informed about the global sugar trade trends.
1401
In value terms, cane and beet sugar and sucrose imports totaled $X in 2016. Overall, it indicated a perceptible growth from 2007 to 2016: the total imports value increased at an average annual rate ...
1760
In value terms, cane and beet sugar and sucrose exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
